Business
Consolidated Financial Highli
Consolidated Financial Highli.
About this update from Satsuma Technology Plc
[{"type":"text","content":"\n RNS Number : 5457R Softbank Corp 30 April 2009 \n \nFiscal Year Ending March 2009 (April 1, 2008, to March 31, 2009)\nConsolidated Financial Highlights\n\n1. Consolidated Statements of Income\nRecord high operating income for 4 consecutive fiscal years, achieved raised forecasts.\n• Consolidated net sales were ¥2,673.0 billion (¥103.1 billion or 3.7% decrease year-on-year).\nThere was an increase in telecom service revenue at the Mobile Communications segment, on the other hand there was a decline in handset sales.\n• Record high operating income of ¥359.1 billion (¥34.8 billion or 10.7% increase year-on-year). Record in operating income has been renewed for 4 fiscal years, raised forecasts were achieved. \nIn addition to favorable profit growth at Yahoo Japan Corporation, contributions were made by continued cost reductions at SOFTBANK TELECOM Corp. and SOFTBANK BB. Corp. \n• Ordinary income was ¥225.6 billion (¥32.9 billion or 12.7% decrease year-on-year).\n Recorded \\¥57.2 billion in equity in earnings under the equity-method related to the listing of Alibaba.com Limited in the previous fiscal year. \n• Net income was ¥43.1 billion (¥65.4 billion or 60.3% decrease year-on-year).\n Sustain net income for the fiscal year, loss on additional entrustment for debt assumption of ¥75.0 billion and impairment loss of ¥28.9 billion were recorded in special loss for the fourth quarter of the fiscal year;.\n \n2. Segment Information\nContinued profit improvement by synergy between the Group's three telecommunication companies\n<Mobile Communications>\n• Net sales were ¥1,562.8 billion (¥67.9 billion or 4.2% decrease year-on-year).\n Handset sales decreased due to decline in number of handsets sold, however telecom service revenue grew due to the increase in subscribers and end of first installment discount cycle. \n•&n...